"The whole of my remaining realisable estate shall be disposed of in the following way:
the capital, invested in safe securities by my executors, shall constitute a fund, the interest on which shall be annually awarded as prizes to those who, during the preceding year, shall have conferred the greatest benefit on mankind. The interest shall be divided into five equal parts, to be apportioned as follows: one part to the person who shall have made the most important discovery or invention in the field of physics; one part to the person who shall have made the most important chemical discovery or invention; one part to the person who shall have made the most important discovery within the domain of physiology or medicine; one part to the person who in the field of literature shall have produced the most outstanding work of an idealistic tendency; and one part to the person who shall have done the most or the best work for fraternity between the nations and the abolition or reduction of standing armies and the formation and spreading of peace congresses. The prizes for physics and chemistry shall be awarded by the Swedish Academy of Sciences; for physiological or medical works by the Carolinska Institute in Stockholm; for literature by the Academy in Stockholm, and for advocates of peace by a committee of five persons to be selected by the Norwegian Storting. It is my express wish that in the awarding of the prizes no consideration shall be given to national affiliations of any kind, so that the most worthy shall receive the prize, whether he be Scandinavian or not." [Emphases added.]
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